PGRO vs. IWFG ETF Comparison

Comparison of Putnam Focused Large Cap Growth ETF (PGRO) to IQ MacKay Municipal Insured ETF (IWFG)
PGRO

Putnam Focused Large Cap Growth ETF

PGRO Description

The investment seeks capital appreciation. The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Under normal circumstances, it invests at least 80% of the fund’s net assets in companies of a size similar to those in the Russell 1000 Growth Index. The fund’s investment manager, Putnam Investment Management, LLC (Putnam Management) may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.79

Average Daily Volume

4,000

Number of Holdings *

32

* may have additional holdings in another (foreign) market
IWFG

IQ MacKay Municipal Insured ETF

IWFG Description The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.75

Average Daily Volume

137

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period PGRO IWFG
30 Days 3.67% 3.05%
60 Days 5.17% 5.77%
90 Days 7.43% 7.38%
12 Months 35.58% 40.12%
14 Overlapping Holdings
Symbol Grade Weight in PGRO Weight in IWFG Overlap
AAPL C 10.98% 5.03% 5.03%
AMZN C 8.36% 7.69% 7.69%
AVGO D 4.19% 4.86% 4.19%
CMG B 1.92% 2.31% 1.92%
ISRG A 1.89% 2.74% 1.89%
MA C 3.4% 3.21% 3.21%
META D 3.97% 4.54% 3.97%
MSFT F 12.43% 11.57% 11.57%
NFLX A 2.21% 2.62% 2.21%
NOW A 1.4% 2.52% 1.4%
NVDA C 11.08% 7.83% 7.83%
SPOT B 0.84% 3.22% 0.84%
TT A 1.5% 3.49% 1.5%
UBER D 1.62% 2.09% 1.62%
PGRO Overweight 18 Positions Relative to IWFG
Symbol Grade Weight
GOOGL C 5.27%
LLY F 3.41%
ORCL B 2.23%
CRM B 2.11%
COST B 2.01%
V A 1.91%
CDNS B 1.71%
TSLA B 1.61%
AMT D 1.6%
AMAT F 1.55%
SHW A 1.46%
WCN A 1.38%
DHR F 1.29%
CSGP D 1.11%
TDG D 1.1%
LYV A 0.93%
DKNG B 0.84%
IDXX F 0.78%
PGRO Underweight 15 Positions Relative to IWFG
Symbol Grade Weight
GOOG C -4.52%
ADI D -3.09%
ORLY B -2.88%
KKR A -2.77%
MELI D -2.74%
ETN A -2.48%
ADBE C -2.35%
APH A -2.26%
INTU C -2.23%
BKNG A -2.02%
LRCX F -1.93%
SNPS B -1.81%
WDAY B -1.62%
HLT A -1.57%
ASML F -1.48%
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